Manufacturing

MeitY optimistic of private sector’s financial and employment support in skilling The electronics industry is on a "runway to US$300 billion (a year) market" and the Government stands aligned with the manufacturers to reach the goal, Rajeev Chandrasekhar, Minister of...

Mumbai company to boost Ayurvedic production Ratan Tata-backed Bombay Hemp Company Pvt Ltd (BOHECO) is discussing with various Canadian companies and entrepreneurs strategic investments and is expecting to make further announcements in the weeks ahead. “We are currently in discussions...

PLI has received positive feedback, says Goyal The Government aims to double its exports of auto components to US$30 billion by 2026 from the current US$15 billion, Commerce and Industry Minister Piyush Goyal said at the reviews of work of...

Dahej gets Rs.405cr Hydrazine Hydrate plant Gujarat Alkalies and Chemicals Limited (GACL), Vadodara, and CSIR-Indian Institute of Chemical Technology, (CSIR-IICT), Hyderabad, have developed indigenous environment friendly technology to manufacture super speciality chemical Hydrazine Hydrate (H6N2O). Based on this indigenous and...

Goyal says sentiments changed to 'We must be in India!' Commerce and Industry Minister Piyush Goyal says India has the right ingredients for the Multi-National Corporations (MNCs) to help them become more competitive at global level. He also highlighted the...

New Vizag plant to help reduce India's sulphuric acid imports Coromandel International Limited (BSE: 506395) (NSE: COROMANDEL), the country's second largest Phosphatic fertilizer player and part of Murugappa Group, is investing Rs.400 crore in a new 1,650 Metric Tonnes per...

Online bidding will be held under QCBS mechanism Around 100 participants from about 20 companies have attended the Ministry of Heavy Industries (MHI) pre-bid conference on 12 Nov 2021 under the ACC Production Linked Incentive (PLI) scheme and a response...

Indian manufacturers to get a more innovative propulsion system Massachusetts-based ePropelled has signed a memorandum of understanding with Ramkrishna Forgings Limited (RKFL) of Kolkatta to jointly develop eAxle products based on ePropelled's patented Dynamic Torque SwitchingTM (eDTS) technology that increases...

Government's Rs.18,100cr PLI supports ACC battery manufacturing and investments India electric car market was valued at US$10,107.18 million in FY2021 and it is projected to grow at a CAGR of 41.02% during the forecast period, to be valued at US$78,190.10...

PTC gets clearance certificate of critical On-line Fittings (OLFs) for defence applications Defence Minister Rajnath Singh has inaugurated Aerolloy Technologies facility, making it the first operationalised private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) at Lucknow,...